Practice management

BNP Paribas SA’s settlement talks with the U.S. over sanctions violations have headed out of the ballpark, compared with previous punishments levied by the Obama administration in such cases.

FINRA slapped the investment banks with $1 million each in fines for submitting incorrect data on trade-related transactions.

"The wealth creation cycle in Silicon Valley right now has produced many business opportunities which are keeping the entire office very busy," says the firms' new director of wealth management.

Regional wealth manager D.A. Davidson is launching a new training program aimed at bringing recent college graduates into the financial advisor profession.

Most people nearing retirement expect their advisor to help them maximize their Social Security benefits, with four in five saying they would switch advisors if their current one failed to do so.

The IRS is considering expanding a program under which it delays tax refunds for up to six months for delinquent taxpayers.

Credit Suisse Group, Barclays and UBS were the largest dark pools in FINRA’s first weekly report meant to make the private trading systems more transparent.

The advisor was permanently barred last week for running what appears to be a Ponzi scheme.

Steward Partners has recruited an independent team formerly with Morgan Stanley. The team managed about $120 million in assets while at RPG Family Wealth Advisory.

A report released by the chair of the Senate Budget Committee argues that tax reform should raise revenue by cutting tax expenditures that mostly benefit the wealthy.

A former J.P Morgan advisor team that managed $1.5 billion in client assets has left the firm to join Wells Fargo Advisors.

Two former UBS advisors are moving over to Stifel.

Affluent, super affluent and ultra affluent: Infographic breaks down assets, investments, family tips, charitable habits and more for people with $1 million or more to invest.

A deep dive into data on households with at least $1 million to invest suggests conventional wisdom is imperfect.

Fidelity's new Office of the Future complex highlights the tech trends most likely to shake up your workspace.

If the relationship is confidential, disclosing even public information about clients is a no-no.

Clients may be skeptical, but responsive advisors can restore their trust.

Tommy Boyd started his practice in 1984 in Selma, Ala. Three decades later Boyd is working with multiple generations of clients across several states.

With new regulations on the horizon, a top FINRA official highlights the agency's efforts to establish a more flexible oversight regime that will be less of a drain on a practice's resources.

The merger creates $1.9 billion independent powerhouse in Florida; boosts succession plan for next generation in both firms.